Mike Floyd

Mike Floyd is a finance executive by trade and a car enthusiast at heart. As a CFO with a keen eye for detail and strategy, Mike brings his analytical mindset to the automotive world, uncovering fresh insights and unique perspectives that go beyond the surface. His passion for cars—especially his favorite, the Porsche 911, fuels his contributions to Automotive Addicts, where he blends a love for performance and design with his professional precision. Whether he’s breaking down industry trends or spotlighting emerging innovations, Mike helps keep the site both sharp and forward-thinking.

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mike@automotiveaddicts.com

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Automotive

VinFast Inks Agreements for First Five U.S. Dealerships
Jan 3, 2024 Ξ

VinFast Inks Agreements for First Five U.S. Dealerships

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VinFast, the Vietnamese global electric vehicle manufacturer, has taken roots in the U.S. market by officially sealing agreements with five dealerships spread across four states. This move marks a pivotal  Full Article »

Automotive

Hyundai and Kia Set Goal to Sell Nearly 8 Million Cars in 2024 After Strong 2023 Performance
Jan 3, 2024 Ξ

Hyundai and Kia Set Goal to Sell Nearly 8 Million Cars in 2024 After Strong 2023 Performance

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In the wake of a successful performance in 2023, Hyundai and Kia have set ambitious goals for 2024, aiming to collectively sell nearly 8 million cars. Hyundai experienced a favorable  Full Article »

Automotive

New Porsche Taycan Beats Tesla Model S Plaid with 7:07 Nurburgring Lap Record
Jan 2, 2024 Ξ

New Porsche Taycan Beats Tesla Model S Plaid with 7:07 Nurburgring Lap Record

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Porsche has once again demonstrated its prowess in the electric vehicle realm with the latest iteration of the Taycan, shattering records at the Nurburgring. The German automaker has yet to  Full Article »

Automotive

More Electric Vehicles Are Losing Tax Credits, Including Nissan, Tesla, & GM EVs
Jan 2, 2024 Ξ

More Electric Vehicles Are Losing Tax Credits, Including Nissan, Tesla, & GM EVs

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Several electric vehicle models, including popular ones like the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s, and the Chevrolet Blazer EV, have recently lost eligibility for tax  Full Article »

Automotive

Happy New Year 2024 from Automotive Addicts!
Dec 31, 2023 Ξ

Happy New Year 2024 from Automotive Addicts!

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As we bid farewell to the challenges and triumphs of the past year, we warmly welcome the dawn of a new chapter – a chapter filled with open roads, thrilling  Full Article »

Automotive

Fisker Delivered 4,700 EVs in 2023 as Shares Rise
Dec 29, 2023 Ξ

Fisker Delivered 4,700 EVs in 2023 as Shares Rise

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In 2023 Fisker reported a surge in its electric vehicle deliveries during the final quarter, marking a four-fold increase and reaching a total of about 4,700 vehicles for the year.  Full Article »

Automotive

Electric Xiaomi SU7 Introduced as Chinese Smartphone Maker’s First Car, Poised to Have Nearly 500 Miles of Range & Over 600 HP
Dec 28, 2023 Ξ

Electric Xiaomi SU7 Introduced as Chinese Smartphone Maker’s First Car, Poised to Have Nearly 500 Miles of Range & Over 600 HP

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Chinese smartphone manufacturer Xiaomi has entered the automotive industry with the unveiling of its inaugural electric vehicle, the SU7. Positioned as a four-door sedan, the SU7 aims to make a  Full Article »

Automotive

Tesla Accuses Reuters of ‘Manufacturing’ Story about Automaker Lying to Customers to make Repairs off Waranty
Dec 28, 2023 Ξ

Tesla Accuses Reuters of ‘Manufacturing’ Story about Automaker Lying to Customers to make Repairs off Waranty

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Tesla has leveled accusations against Reuters, asserting that the news agency fabricated a story about the electric vehicle manufacturer deceiving customers to facilitate repairs not covered under warranty. The contentious  Full Article »

Automotive

Wild Auction of the Week: 592-Mile 2014 Pagani Huayra Sells for $2.9 Million
Dec 27, 2023 Ξ

Wild Auction of the Week: 592-Mile 2014 Pagani Huayra Sells for $2.9 Million

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In a wild auction event, a 2014 Pagani Huayra, with only 592 miles on its odometer, recently changed hands for a staggering $2.9 million. The transaction took place on Bring  Full Article »

Automotive

Half of Ford Dealers Don’t Want to Sell Electric Vehicles
Dec 22, 2023 Ξ

Half of Ford Dealers Don’t Want to Sell Electric Vehicles

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Amidst the evolving landscape of the automotive industry, a challenge emerges for Ford as only half of its dealerships in the United States are willing to embrace the sale of  Full Article »

Automotive

Hyundai Working on Smaller and Cheaper Ioniq 2 EV
Dec 22, 2023 Ξ

Hyundai Working on Smaller and Cheaper Ioniq 2 EV

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Hyundai is intensifying its efforts in the realm of electrification, striving to crack the code for affordable electric vehicles (EVs). Despite making substantial progress in the EV market, the automaker  Full Article »

Automotive

More American Consumers Buying Hybrids as EV Sales Slow
Dec 21, 2023 Ξ

More American Consumers Buying Hybrids as EV Sales Slow

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In the current landscape of the American automotive market, a noteworthy trend is emerging as consumers display a growing inclination towards gas-electric hybrids, even as electric vehicle (EV) sales witness  Full Article »

Automotive

All-New Two-Row Mazda CX-70 to Arrive with CX-90 Powertrains
Dec 21, 2023 Ξ

All-New Two-Row Mazda CX-70 to Arrive with CX-90 Powertrains

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Mazda’s anticipated release of the CX-70, originally slated for the end of this year, has been postponed to the following year. Recent revelations stemming from filings with the California Air  Full Article »

Apple

Next-Generation Apple CarPlay Teased via Aston Martin and Porsche Integrations
Dec 21, 2023 Ξ

Next-Generation Apple CarPlay Teased via Aston Martin and Porsche Integrations

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Apple has provided a sneak peek into the next-generation CarPlay, featuring integrations with luxury automakers Porsche and Aston Martin. In a departure from the conventional Apple CarPlay, the new version  Full Article »

Automotive

New US Vehicles Set Fuel Economy Record for 2022 as EV Sales Increase
Dec 20, 2023 Ξ

New US Vehicles Set Fuel Economy Record for 2022 as EV Sales Increase

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The United States witnessed a notable surge in fuel efficiency among new vehicles in 2022, reaching an unprecedented milestone. The data, released by the Environmental Protection Agency (EPA), revealed that  Full Article »

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